Compiled 09/16/11 6:00 AM (CT) Statistics: London Gold Fix $1,778.00 -$25.00 LME Copper Stocks 466,025 tons -125 Shanghai Deliverable stocks were 112,061 tons -1,239 SILVER MARKET FUNDAMENTALS: (6:00 AM CT) The silver market technically managed to hold above the prior session's low in the early Friday morning US trade. However, gold prices did see a lower low overnight and that has emboldened the bear camp in gold to start the Friday US trade. The silver trade has seen some derivative holdings of silver decline this week and that might present some bearish psychology to the silver futures trade later today. Perhaps the biggest problem for the bull camp in silver is a lack of a definitive flight to safety vibe flowing from the Euro zone, but some traders think that weaker equities will also keep up the pressure on gold and silver prices today. On the other hand, silver prices have managed a somewhat impressive initial bounce today and the December contract briefly managed to climb back above the even number $40.00 level on the charts. At least in the early action, silver is likely to take a lot of direction from the Finance Ministers meeting in Poland, but the US consumer sentiment figures later on might direct silver prices for the rest of the Friday trade. Comex Silver Stocks were 104.638 million ounces up 1,256,037 ounces. OUTSIDE MARKET DEVELOPMENTS: (6:00 AM CT) While equity markets in Asia and Europe were generally higher during overnight trading, early indications are that US equity markets will open with moderate losses later on today. The US Dollar is stronger against most of the major currencies this morning, although posting a loss versus the Australian Dollar. US Treasury Secretary Geithner will hold talks with Euro zone finance minister early today to propose leveraging their debt bailout fund to increase its effectiveness. The Euro zone Trade surplus during July was 4.3 billion Euros, higher than expectations. Major US economic numbers to be released this morning include the Treasury's report on International Capital Flows at 8:00 AM, and a private survey of US Consumer Sentiment just before 9:00 AM.